crypto first Top Knowledge

Steady is the key word. Our goal is not to stimulate the stock market, but to develop the economy and transmit it to the economy.The prefix of "more active" fiscal policy last year was "active" fiscal policy, so a comparison is a progressive relationship;We should vigorously boost consumption, improve investment efficiency and expand domestic demand in all directions.

The fiscal policy mentioned above, the 1 trillion special national debt that we started to issue this year, belongs to fiscal policy. 300 billion yuan has been spent on the trade-in activities of home appliances and cars, and many families should enjoy this preferential treatment, which has an obvious effect on stimulating consumption. The year-on-year growth rate of total retail sales of consumer goods in September and October increased from 2.X to 4.8% in October.

The market fluctuated slightly, but after the A-shares closed at 3 o'clock, the Hong Kong stocks that closed at 4 o'clock started a surge mode: Hang Seng Technology rose by 4.3%, Hang Seng Index rose by 2.76%, and the rising time was around 15: 20.Therefore, consumption is our focus for a long time to come, and it is also often said: to open up the big cycle of domestic consumption. Next year, we will issue 1 trillion special treasury bonds and make a fuss about consumption.We should vigorously boost consumption, improve investment efficiency and expand domestic demand in all directions.